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To: RightSideNews

When did Fannie and Freddie become “private” corporations?


11 posted on 02/20/2010 5:10:38 AM PST by conservativemusician
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To: conservativemusician

This is just so much BS!!! These little fifedoms of preferential party finance and influence have got to be exposed. It’s not their damn money! If they aren’t willing to open their books, THEY ARE HIDING SOMETHING!
And it’s got to stop. A legitimate democracy cannot/should not be run in the shadows.


13 posted on 02/20/2010 5:18:54 AM PST by bossmechanic (If all else fails, hit it with a hammer)
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To: conservativemusician
When did Fannie and Freddie become “private” corporations?

"The Federal National Mortgage Association (FNMA) (NYSE: FNM), commonly known as Fannie Mae, is a stockholder-owned corporation chartered by Congress in 1968 as a government-sponsored enterprise (GSE),...

They are pretend corporations, "owned" by the public but wholly controlled by the government.

16 posted on 02/20/2010 5:27:58 AM PST by facedown (Armed in the Heartland)
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